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Essex 01810
3 Walker Ave
Photo of 3 Walker Ave

1

Map

$300,000
● House - Off Market

3 Walker Ave

Andover, MA 01810
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$1,758
Est. Monthly

About This Property

Great opportunity to own in Andover! Many updates to this home including the kitchen and bathroom. Recessed lighting in the living room, kitchen and finished basement area. Several ceiling fans, new water heater, solid surface counters in the kitchen including breakfast bar, lots of hardwood and located on a cul de sac minutes to the highway! Fenced backyard with 12x16 deck, patio and firepit. Garage was converted to "man town" which has electric heat and cable! This one is a must see!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$333
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (MLSPIN #71181004)

Price History

Date / Event Date Event Price
Feb 29, 2016 Sold
Premium
Sold
Nov 13, 2015 Listed by RE/MAX Prestige $350,000
Listed by RE/MAX Prestige
Jan 21, 2011 Listed by RE/MAX Prestige $300,000
Listed by RE/MAX Prestige
Jan 14, 2005 Sold
Premium
Sold
Sep 30, 2004 Listed by RE/MAX Prestige $279,900
Listed by RE/MAX Prestige

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 914
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,551
  • Total Building Area: 3,125
  • Gross Building Area: 5,902
  • Building Area: 3,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,125
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000196
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Andover School District
  • Census Tract: 254100

Zoning

  • Zoning: SRA

Geography

  • Parcel: ANDO M:00051 B:00081 L:00000
  • Block: 81
  • Municipality: ANDOVER
  • Latitude: 42.6809
  • Longitude: -71.1544

    Address

  • Full Address: 3 Walker Ave
  • Address - House Number: 3
  • Address - Street Name: Walker
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Andover
  • Carrier Code: C010
  • 4-Digit Zip Code: 1312
  • Zip Code: 01810

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $831,300

    Appraisal Valuation

  • Standard Deviation: 0.155
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 738,026
  • High Value: 852,483
  • Low Value: 623,568

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $608,600
  • Assessed Land Value: $214,900
  • Assessed Improvements Value: $393,700

    Sales

  • Current Sale Recording Date: Feb 29, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4779
  • Previous Sale Recording Date: Jan 14, 2005
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2549 ft²

Average Home Age

72.6 years

Currently For Sale

1470 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 71181004

Frequently Asked Questions

When was property at 3 Walker Avenue built and last sold?
The property at 3 Walker Avenue was built in 1940 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 3 Walker Avenue is $441,987.
What are some comparable homes to 3 Walker Avenue?
There are currently no comparable homes to 3 Walker Avenue.
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